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Oahu Rental Market Overview
In December, rental volume increased nearly 18% year-over-year and 1.6% from November of this year. Median price rose sight from the same period last year but decreased over 5% month-over-month. Properties are rented for more than asking price, on average. Properties took four fewer days longer to rent, on average, than in December of last year but about the same amount of time as in November. As of 1/22, there are 544 properties available for long-term rent on Oahu, down 13% from last month. This is the lowest inventory since April 2025.
The number of luxury rentals increased significantly from last year but decreased month-over-month. There was no change in median price month-over-month, but it decreased over 4% from last year. 19.3% of luxury rentals had price reductions, compared to 33.8% in November. Luxury properties rented nearly 3 weeks faster than last year but no change from November. As of 1/22, there are 146 luxury properties currently available for long-term rent on Oahu, no change from last month.
Long-Term Rentals Year-Over-Year: December 2025 vs. December 2024
- 428 Rented, up 17.9%
- $2,698 Median Rental Price, up 1.8%
- 32 Average Days on Market, 4 days faster
- Received 101% of Asking Price vs. 99.7%
Long-Term Rentals Month-Over-Month: December 2025 vs. November 2025
- 428 Rented, up 1.6%
- $2,698 Median Rental Price, down 5.3%
- 32 Average Days on Market, 1 day slower
- Received 101% of Asking Price vs. 99.9%
Luxury Long-Term Rentals ($4,000+/mo) Year-Over-Year: December 2025 vs. December 2024
- 62 Rented, up 24%
- $4,500 Median Rental Price, down 4.2%
- 33 Average Days on Market, 20 days faster
- Received 99.3% of Asking Price, no change
Luxury Long-Term Rentals ($4,000+/mo) Month-Over-Month: December 2025 vs. November 2025
- 62 Rented, down 15%
- $4,500 Median Rental Price, no change
- 33 Average Days on Market, 2 days faster
- Received 99.3% of Asking Price vs 99.9%
Highest Rented Single-Family Home
Enchanted Lake, Kailua
4 bedrooms | 4.5 bathrooms | 4,947 sq ft living
Why this property is spectacular: This brand new fully furnished home offers exceptional comfort and style. . The home features wood flooring real stone bathroom accents and four spacious bedroom suites each with a walk-in closet and ensuite bathroom. Two kitchens include high-end appliances and a wine cooler and the living room has a wet bar opening to a covered lanai pool and heated jacuzzi. Split AC is installed in all bedrooms. Enjoy kayaking or paddle boarding on the river from your backyard and quick access to Lanikai Beach, Kailua Beach Park, and Kailua Town.
Rented for: $16,000/month after 149 days on market.
Source: State Tax Office & Bureau of Conveyances
Highest Rented Condo
Anaha, Kaka’ako
2 bedrooms | 2 bathrooms | 1,451 sq ft living
Why this property is spectacular: Enjoy a luxurious living experience with top-tier amenities at Anaha in Ward Village. This sophisticated condominium offers modern finishes, floor-to-ceiling windows and an open floor plan that connects the living area and kitchen. The unit includes two assigned covered parking stalls in Anaha’s secure parking garage, and is situated in a prime location near Ward Village Shops, Ala Moana Beach Park and Ala Moana Shopping Center. Residents have accxess to a range of exceptional amenities including a glass-bottom pool, fitness center with yoga studio, beach volleyball court, guest suites, and more.
Rented for: $7,900/month after 8 days on market..
Source: State Tax Office & Bureau of Conveyances
We manage rental properties across Oahu, from Honolulu, to Leeward Oahu, to Kailua and the North Shore. We would be happy to answer any property management or real estate sales questions you have. Call us to schedule a private consultation at (808) 593-9826 or email concierge@caronb.com
